1010 5th St Wilton, IA 52778-7757
This exceptional commercial property at 1010 W 5th Street in Wilton, Iowa, presents a unique investment opportunity. Located in a high-traffic area, this property is ideally suited for a variety of commercial uses, previously operating as a pre-owned car dealership. The 6,200 square foot parking lot comfortably accommodates over 50 vehicles. The vinyl-sided building features two offices, a reception area, a half-bathroom, a mechanical room, and a spacious two-stall garage. The garage boasts waterproof walls, perfect for vehicle washing or other similar needs. This property offers the chance to establish a new business, relocate an existing operation, or explore other entrepreneurial ventures. The building has undergone significant renovations. In 2016, improvements included new north-facing windows, siding, stone facing, flooring, drywall, and a fresh coat of paint. A new HVAC system was installed in 2022, ensuring energy efficiency and comfort. The property is situated on a sizable lot in Wilton, Iowa, zip code 52778, offering excellent visibility and accessibility. This is a turnkey opportunity for a savvy investor seeking a well-maintained and versatile commercial space in a thriving community. The asking price is $175,000. Don't miss this chance to own a piece of Wilton's commercial landscape. Built in 1993, this single-building property combines land, office, and retail potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C1-HIGHWAY COMMERCIAL · Wilton, IAWilton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.